Manufacturing Accountant

2 weeks ago


Golden Valley, United States Lube-Tech Full time
Description

With a purpose to make tomorrow a little bit better than today for each other, our customers, and our communities, Ascentek provides an environment where you can love what you do and be your best every day.

What you will enjoy by being a part of a 2024 USA Great Place to Work certified company:

A position that is: Salary, Full time, Mon-Fri

  • Medical Plan options, including fertility coverage and free mental health and telehealth coverage
  • Dental and Vision Insurance
  • FSA/HSA options
  • Paid parental leave
  • Company-provided short-term disability, long-term disability, and life insurance
  • Supplemental Insurances, including accident, critical illness, hospital, and supplemental life insurance
  • 401(k) with a generous company match
  • Pet Insurance Benefits
  • Tuition reimbursement
  • 21 Paid Days Off
  • 7 Paid Holidays
  • Short-Term Incentive Plan (STIP), ask your Talent Partner for details
  • Dress For Your Day (casual dress environment)
  • Work Your Way (hybrid work) - Three days on site with anchor day on Wednesdays
  • Paid comprehensive on-the-job training
  • Company provided phone
  • Company provided computer
  • Career advancement opportunities

The Manufacturing Accountant is the expert in financial processes related to inventory management and manufacturing at Ascentek. This role ensures the integrity of all processes related to the purchasing, manufacturing, shipment, and valuation of inventory. In particular, this role will collaborate with our procurement, operations, sales, and other accountants to thoroughly understand our processes, resolve inventory discrepancies, and improve inventory management processes.

  • Be the subject matter expert in manufacturing accounting processes.
  • Collaborate with other departments and understand their daily operations and how those operations are translated into the ERP.
  • Review discrepancies in the manufacturing accounting process and work to design new processes to resolve the identified process improvements.
  • Variance analysis - purchase price variance, manufacturing variance, and others.
  • Monitor inventory levels across the organization and in-transit rail network
  • Monitor cycle count accuracy across the organization and assess the root cause of errors.
  • Develop standard overhead and labor rates for product costing.
  • Perform ad hoc reporting and analysis to investigate issues or identify improvements as assigned.
  • Prepare manual journal entries as needed.
  • Ensure compliance with GAAP and internal controls.
  • Assist in the financial close process, ensuring an accurate and timely completion of the process.
  • Conduct monthly financial reviews and presentations to finance leadership. Includes trend analysis, MoM, and YoY variance analysis of balances and variances to identify possible errors and omissions. Make corrective actions as needed and recommend process improvements going forward.
  • Assist with budget analysis and planning.
  • Identify and pursue opportunities to streamline department and business processes.
  • Assist with interim and annual audit activities, including work paper preparation, supporting analysis, and inventory observation.
  • Respond to internal and external customers in a timely and effective manner.
  • Support organizational and department initiatives assigned by the Controller, or others as delegated by the Controller.
  • Prepare account reconciliations for all inventory accounts to ensure transactions are recorded accurately and reflect accurate balances. This includes identifying and addressing discrepancies between physical and financial records.
  • Bachelor's degree in accounting, Finance, or equivalent years of experience in Accounting
  • Minimum of 2-3 years of inventory, cost, or manufacturing-related accounting
  • Strong organizational skills and attention to detail
  • Excellent problem-solving and analytical skills
  • Excellent understanding of GAAP
  • Ability to quickly manipulate large data sets
  • Working knowledge of ERP data, such as tables, unions, joins, and extractions
  • Ability to clearly articulate viewpoints and ideas with coworkers and management
  • CPA certification preferred (but not required)
  • Experience in a fast-paced manufacturing or distribution environment with intercompany transactions
  • Familiarity with supply chain processes and inventory lifecycle management
  • Knowledge of large ERP system inventory processes and transactions

PHYSICAL AND MENTAL DEMANDS:

While performing the duties of this job, the employee is frequently required to sit, talk and/or hear, and/or use hands to handle, or touch objects, tools, or controls. The employee is occasionally required to stand, and/or walk. The employee must occasionally lift and/or move up to 10 pounds while moving files or small packages. Specific vision abilities required by this job include close vision and the ability to adjust focus. The employee is continuously required to perform comprehensive reasoning, decision-making, and math skills.

The mental and physical requirements described here are representative of those that must be met by an individual to successfully perform the essential functions of this position.

Protective Clothing Required: None

WORKING ENVIRONMENT:

Work is performed in an office environment. The noise level in the work environment is usually moderate

The work environment characteristics described here are representative of those an individual encounters while performing the essential functions of this position.

Ascentek is an Equal Employment Opportunity/Affirmative Action Employer. Qualified applicants including women, minorities, veterans, and individuals with disabilities are encouraged to apply.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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